The California Department of Insurance requires insurance brokers to post the California Insurance Broker Surety Bond
The California Insurance Broker Surety Bond has a $10,000 required bond amount to ensure that the public is fully protected from harmful business practices. An insurance broker transacts insurance—other than commercial lines and life—with an insurer. This bond helps ensure proper conduct in these matters and ensures protection to the public if insurance brokers do not exercise proper conduct. The California Insurance Broker Surety Bond costs $100 for one year or just $110.00 for three years.
To Get a California Insurance Broker Surety Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.